Market Bizzz

Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the “core” reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.

The homegrown auto major Tata Motors said it would explore the possibility of partial divestment of its holding in subsidiary Tata Technologies Ltd through an initial public offering route.

U.S. producer prices rose slightly more than expected in November amid a jump in the costs of services, but the trend is moderating, with annual inflation at the factory gate posting its smallest increase in 1-1/2 years.

GLOBAL-Asian shares dip, dollar firms ahead of central bank rate hikes

Our thought is that once you get the reliability and efficiency then what separates us is the kindness, is the ability to delight our customers whether it is USB ports that we offer, a seat cushion, a newer and fresher cabin, more leg room, etc that is part of the consumer experience that we are providing our customers that will separate us from everyone else.

Another sector that is looking attractive is capital goods and from that space we like L&T. We have witnessed very strong momentum throughout the week and the stock is making a series of higher top, higher bottom formation. So there is a clear uptrend in the stock and we believe that L&T will continue its upward momentum.

Since the debacle of FTX, the concept of self-custody has become the talk of the industry, prompting more individuals to move funds from centralized services and into wallets, especially hardware wallets

“We wish to submit that upon receipt of notice for conversion of FCCBs of principle value of USD 8,600,000 from certain holders of FCCBs, the Special Committee of Directors for Fund Raising has…on December 09, 2022,